Back

Blogs

Why Actionable Threat Intelligence is Key to Defending the UK's Critical National Infrastructure

View All

Case Studies

Supporting BrainDrip LLC's Entry into the Hydrogen Market

View All

Upcoming Events

Hydrogen UK: Annual Conference and Awards

View All

Webinars

Gas pipes carrying hydrogen with wind turbines in the backgroundGas pipes carrying hydrogen with wind turbines in the background

Thoughts

Supporting BrainDrip LLC’s Entry into the Hydrogen Market

6th Nov, 2024

About the client

BrainDrip LLC are an innovation & technology developer in the gas sector, based in the USA. They specialise in gas storage, transmission and distribution equipment, holding over 40 patents. Their Innverated Tubular Composite (ITC) is a lining system for gas pipelines, suitable for transporting many gasses including hydrogen.

The Challenge

BrainDrip LLC are looking to raise Series B funding to invest in production capacity to roll out the technology and capture market share. In order to do this, they support from a partner in the industry to:

  • Support their understanding of the market
  • Create an independent financial model
  • Provide a valuation for their product

The Solution

Gemserv were selected to complete a detailed market study into the hydrogen and natural gas markets in the chosen regions of the USA and EU. Our role involved:

  • Investigating greenfield and pipeline renewal demand and gas storage demand
  • Evaluating the ratio of these that are applicable to BrainDrip’s ITC technology
  • Developing a quantification of the potential of each market studied
  • Creating a full financial model

The Impact

Our investor-ready report and model offered insights and understanding to BrainDrip LLC. The report allowed our client to:

  • Guide the decision-making of their management team
  • Assist strategic development
  • Provide potential investors, clients and customers with vital information
  • Convey their value proposition clearly and confidently

Authors

Harry Morton

Head of Low Carbon Molecules

Read Bio